If u able to say.... havled ur shop, go for better reputation one i.e. MBE, approx. RM150K including licensing, training, setup etc.
If u merely become collection point... go find SPX talk

Parcel hub?

Except if say.... within 1-2km radius, there are no other courier/collection point, other sub brand might be okay, else u need something strong and wide support, MBE.

Many small ones, such as Parcel Hub, CollectCo, many many more, but like u say, they have limited courier partners, lack of reputation which ppl might worry on trustwortiness, etc.

Of coz, they have lower entry fees, but ur sales u need forecase urself ady... Also, ya, MBE might not guarantee sales also ya

sublet the shop maybe?

courier point also ok, but if ur location not strategic need put alot banner to advertise lo. and survey nearest collection point see whether they have many parcels. if they also not many parcels then no point

A CollectCo point nearby my place seems to be doing quite well. It's main business is a small hardware store which seems to have not much customers these days. The owner now has 2 foreigners to man the shop and help with the parcels.

It's located inside a housing taman and will mostly be overcapacity during those big 1.1, 2.2 Shopee sales. Shopee is also pushing customers to use these collection points with their discount coupons since it's cheaper for them to subsidize, so it's a good option to consider.

But of course do your research first to see if your location is suitable for one.

For spx collection point, quite straightforward.

Need to be able to hold minimum 60 parcels of variable size.

Each parcel earns you about 60 cents to rm4 if big bulky items. Problem is u must ensure safe collection so need to spare a space with storage and arrange things. Otherwise it will be messy and hard to find things.

Other licensees parcel hub collection services is not worth the price. U need large quantities to recoup the cost as even lowest entry point is 75k and need higher insurance coverage as well.

So family business perhaps as simple collection point and can directly advertise yourself as collection point for convenience too with surcharge as well if u like.

Half the space for keys / locksmith. They seem to be doing well.